Mundoolun at a glance
2,038
People
$1,295,000
Median sale
$699/wk
Median rent
2.81%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
QLD › Mundoolun › Randwick Dr
$599,000
Last sold
4 Feb 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
18,170.385 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$599,000
4 Feb 2019 · derived via latest_sale
Local land rate: recorded House sales in Mundoolun (last 5 years) with land size have a median of $181/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Mundoolun at a glance
2,038
People
$1,295,000
Median sale
$699/wk
Median rent
2.81%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Mundoolun
-53.7%
Median sale
Suburb $1,295,000
+3.26 pp
Gross yield
Suburb 2.81%
Suburb median $1,295,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $699/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mundoolun at a glance
2,038
People
$1,295,000
Median sale
$699/wk
Median rent
2.81%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate Jimboomba QLDYour opportunity to get away from it all and enjoy peace and privacy here on 5 quiet acres, in this exceptionally well-presented Steel Framed Stroud Home, which also offers the opportunity for rental income from the separate shed - more about that later.
Bright and inviting would be a good way to describe the main house, where you'll find plenty of living space inside and a large and private outdoor entertainment area as well.
Perhaps unusual for acreage, the driveway has been fully sealed and edged for the most part, to ensure that any water, goes exactly where the owner intended. A refreshing change!
The master bedroom will impress with extensive mirror robe space down one wall, polished timber style flooring under foot and a luxury en-suite bathroom, where you'll find floor to ceiling tiling, two sinks, a double sized shower with 3 shower heads all wrapped up in a suitably stylish package.
Spacious would be a good description of the other bedrooms and robe space is similarly good news, with quality carpets underfoot complimenting the light and inviting wall colours.
A walk-in pantry can be found in the kitchen, along with a wipe clean induction cooktop (even better than gas I am told), complimented by stainless appliances. Adjacent to the kitchen, your inspection will also reveal a study nook which is perfectly positioned to provide a useful workspace while still allowing you to remain connected to what's going on around you.
The formal lounge is at the front of the house, which benefits from windows on two sides, and this is in addition to the large open plan dining and lounge room (or rumpus) which gives direct access to the outdoor living space, which offers the perfect private spot to kick back and relax after a busy day and let's not forget the separate media room - Movie Night just got even better !
The 60 sqm shed that I mentioned earlier offers much more than you might imagine and has been previously rented at $250 per week. You'll find an open plan lounge and dining, with two additional bedrooms a kitchen and a bathroom. With a little tidying, it could be the perfect option for a passive income, either a full time rental, or perhaps an Airbnb holiday let. Ideal too for a homestay student or alternatively the perfect place for your Craft Room or Studio. Yes, it has its own hot water system and yes, it has its own water tank, so lots of possibilities.
Large water tanks (twin 22,000 litre, in ground concrete), a separate garden shed, a garden sprinkler system, a 5kW solar system and outside power are also useful additions, as is that fully sealed driveway and there's even provision for a Dam if that's on your list.
So, if you've been looking for a bright and inviting, modern family home that's ready to move in and enjoy, with the option of a $250 per week rental income, then an early inspection here at 169 Randwick Drive in the leafy lanes of Mundoolun would be time very well spent.
Listing description written by Steve Hodgson, Elders Real Estate Jimboomba QLD — reproduced as published, not verified by Districts.